Squawk on the Street
SOTS 2nd Hour: Eggflation, CNBC NBA Rankings, and DOGE’s Cybersecurity Tailwinds? 02/14/25
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Show notes
Carl Quintanilla, Leslie Picker, and Michael Santoli discussed the latest for stocks after Trump’s announcement of reciprocal tariffs across the globe, and why Musk’s Department of Efficiency could be a boon for cybersecurity stocks in particular. Also a busy morning for movers within the hour: the team broke down Apple’s new product event announcement with an analyst who calls the stock a buy here. Plus, reports overnight that ARM is making its own chips – why it could upend the semiconductor industry.
Also in focus: Morgan Stanley’s new pay package for CEO Ted Pick; why Coinbase CEO Brian Armstrong says crypto is entering a “new era”; Hermes beats a luxury slowdown; and CNBC’s exclusive NBA valuations for 2025
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